£509,842
This estimated value is based upon the latest sale price for the house of £395,000 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £395,000 | 29 Jun 2017 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in June 2017 the House Price Index for MEDWAY was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £395,000 results in an estimated price of approximately £509,842.
| 29 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £395,000 | £114,842 | £509,842 |
The Postcode Pricing Model uses changes in average sales price within the ME8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 4.826 % | £19,063 | £414,063 |
| 3 Month Average | 16.145 % | £63,773 | £458,773 |
| 6 Month Average | 22.018 % | £86,970 | £481,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £612,409 | £603,000 | 2 SWAIN ROAD |
| 17 Aug 2023 | £356,429 | £350,000 | 23 HOATH LANE |
| 19 Aug 2021 | £410,214 | £365,000 | RIDGEWAY SPEKES ROAD |
| 21 Jun 2021 | £548,540 | £507,500 | 3 WOODSIDE |
| 4 Mar 2021 | £639,169 | £570,000 | 18 SWAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherlodge Mews |
| Jul 2024 | Anti-social behaviour | On or near Sherlodge Mews | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherlodge Mews |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Sherlodge Mews |